ROOT, INC. financial statements (2021 and earlier)

Company profile

Business Address 80 E RICH STREET
COLUMBUS, OH 43215
State of Incorp. DE
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,116
Cash and cash equivalents1,113
Short-term investments3
Total current assets:1,116
Noncurrent Assets
Property, plant and equipment9
Long-term investments and receivables221
Long-term investments221
Total noncurrent assets:230
Other undisclosed assets417
TOTAL ASSETS:1,762
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities730
Total liabilities:730
Stockholders' equity
Stockholders' equity attributable to parent1,032
Treasury stock, value(1)
Additional paid in capital1,776
Accumulated other comprehensive income6
Accumulated deficit(748)
Total stockholders' equity:1,032
TOTAL LIABILITIES AND EQUITY:1,762

Income statement (P&L) ($ in millions)

12/31/2020
Revenues347
Premiums earned, net323
Cost of revenue
(Deferred Policy Acquisition Costs, Amortization Expense)
(17)
Gross profit:330
Operating expenses(632)
Operating loss:(302)
Interest and debt expense(78)
Loss from continuing operations before equity method investments, income taxes:(380)
Other undisclosed income from continuing operations before income taxes17
Net loss available to common stockholders, diluted:(363)

Comprehensive Income ($ in millions)

12/31/2020
Net loss:(363)
Comprehensive loss:(363)
Other undisclosed comprehensive income, net of tax, attributable to parent5
Comprehensive loss, net of tax, attributable to parent:(358)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: